Home / Select Cities  /  2024 Comparing Miami, FL vs. Somerset, KY

2024 Compare Cities Housing:
Miami, FL vs Somerset, KY

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Highlights
- The median age of a home in Miami is 2.2% younger than the median age of a home in Somerset.

Housing
 Miami, FLSomerset, KYUnited States
 Median Home Age464742
 Median Home Cost$524,600$192,700$338,100
 Home Appr. Last 12 months25.1%16.7%16.6%
 Home Appr. Last 5 yrs.73.5%49.8%57.0%
 Home Appr. Last 10 yrs.179.0%64.4%101.1%
 Property Tax Rate$9.2$7.6$11.0
 Homes Owned25.8%42.6%57.4%
 Housing Vacant14.0%12.0%11.2%
 Homes Rented60.2%45.4%31.4%
 space
 Avg Rent For Home Or Apartment
 Miami, FLSomerset, KYUnited States
 Average Rent$2,540$980$1,840
 Studio Apartment$1,380$530$1,080
 1 Bedroom Home or Apartment$1,570$610$1,180
 2 Bedroom Home or Apartment$1,950$800$1,430
 3 Bedroom Home or Apartment$2,570$990$1,860
 4 Bedroom Home or Apartment$3,050$1,080$2,160
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 Vacant Housing
 Miami, FLSomerset, KYUnited States
 Vacant For Rent4.7%5.4%1.9%
 Vacant Rented0.5%0.0%0.4%
 Vacant For Sale0.6%0.5%0.7%
 Vacant Sold0.4%0.8%0.4%
 Vacant Vacation4.8%0.5%3.6%
 Vacant Other2.9%4.8%4.1%
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 Owner-Occupied Housing Value
 Miami, FLSomerset, KYUnited States
 Less Than $20,0001.0%0.8%2.6%
 $20,000 to $39,9990.8%3.5%2.4%
 $40,000 to $59,9990.3%4.0%2.8%
 $60,000 to $79,9991.0%11.9%3.9%
 $80,000 to $99,9991.4%13.8%4.5%
 $100,000 to $149,9993.5%28.7%11.3%
 $150,000 to $199,9996.2%17.3%13.0%
 $200,000 to $299,99920.4%14.5%20.1%
 $300,000 to $399,99922.1%1.9%13.6%
 $400,000 to $499,99914.7%1.0%8.3%
 $500,000 to $749,99914.4%0.0%9.7%
 $750,000 to $999,9995.7%1.8%3.9%
 $1,000,000 to $1,499,9994.0%0.7%2.2%
 $1,500,000 to $1,999,9991.9%0.0%0.8%
 $2,000,000 and over2.5%0.0%1.1%
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 Housing Units By Year Built
 Miami, FLSomerset, KYUnited States
 2015 and Newer0.2%0.0%0.2%
 2010 to 201418.0%14.2%13.6%
 2000 to 200918.0%14.2%13.6%
 1990 to 19996.6%8.6%13.6%
 1980 to 19897.5%12.3%13.2%
 1970 to 197912.8%18.6%14.8%
 1960 to 19696.6%8.6%13.6%
 1950 to 195914.4%15.0%10.0%
 1940 to 19499.9%6.1%4.7%
 1939 or Earlier9.1%13.7%12.2%

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Reviews for Miami    189 Reviews

This Year

Great vacation spot with the best clubs and food. Wynwood and the Miami Design District are the best, just be careful at night. Area tends to jack prices up around  More

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Miami is rapidly devolving into a filthy, crime ridden, unattractive extension of Central America and South America. The population is a bunch of rude entitled dependent  More

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Beautiful place, well into the late 20th Century ... clean, safe, fun, peaceful. Started seeing elements of crap, just a tiny bit, back around 1980. Now what changed  More

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Reviews for Somerset    7 Reviews

Over 10 years ago

There is certainly a small town atmosphere here. It seems as if there is a high percentage of the population that wants to get Somerset "on the map", but they want to do  More

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Over 14 years ago

I have lived here since 1989. My family moved me here from Chicago Ill when I was 5 years old. Growing up in this place, I can tell you first hand what you children will  More

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Over 16 years ago

I wanted to post facts on somerset on my previous post because sometimes on bestplaces.net it is just opinions and those can be misleading or one-sided. So I posted  More

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ZIPS IN MIAMI, FLORIDA
33125, 33142, 33126, 33135, 33133, 33145, 33127, 33138, 33144, 33150, 18 total
ZIPS IN SOMERSET, KENTUCKY
42503 42501

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